Park Place On Turtle Creek

What Park Place On Turtle Creek does

Park Place on Turtle Creek is a single Class A commercial office property located at 2911 Turtle Creek Blvd, Dallas, Texas 75219, in the Uptown/Turtle Creek corridor. The building is institutionally owned and managed by Piedmont Realty Trust and targets discerning premium office tenants seeking a prestigious Dallas address. Its physical product is distinguished by an architecturally distinct exterior of polished granite and reflective glass, a two-story lobby with dark granite walls and white marble floors, well-manicured grounds, and views of Turtle Creek, Uptown, and the CBD skyline. The property is adjacent to the 5-star Rosewood Mansion on Turtle Creek and offers proximity to upscale dining, hotels (Ritz-Carlton, Rosewood Crescent, W, Stoneleigh, Warwick Melrose), and the Dallas Arts District.

The business model is recurring commercial office leasing. Revenue is generated through rental income from office suites, supplemented by parking income at a 3/1000 covered parking ratio and ancillary income from tenant amenities such as the Parks Pantry Micro Market. Pricing is quote-based and not publicly disclosed; leasing is conducted directly through Piedmont Realty Trust's Managing Directors Jeff Eckert, CCIM and James Esquivel, and Senior Vice President Ashley Curry, with availability also listed through JLL's brokerage platform. Recent capital reinvestment includes a new tenant lounge with patio and conference center, tenant locker rooms with showers, and the Parks Pantry Micro Market, supplemented by 24/7 security, on-site property management, and immediate access to the Dallas North Tollway, US Highway 75, and Interstate 35E. The property is a single-asset real estate holding rather than a technology or operating company, with no proprietary technology platform, no AI capabilities, and no disclosed financials.

Name

Park Place On Turtle Creek

Legal name

Park Place on Turtle Creek

Website

https://parkplaceturtlecreek.com

Company type

Private

Operating status

Operating

Headcount range

1–10 employees

Short description

Park Place on Turtle Creek is a Class A commercial office property at 2911 Turtle Creek Blvd in Dallas, Texas, institutionally owned and managed by Piedmont Realty Trust, serving premium office tenants in the Uptown/Turtle Creek corridor.

Ownership category

akta.pro rank

Headquarters

HQ city

Dallas

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Personnel, Infrastructure, Marketing or Sales

Revenue model

1. Commercial Office Lease Revenue: Property generates revenue through commercial office space leasing. Tenants pay rental income for office space at the property. Additional revenue streams include parking fees (3/1000 covered parking ratio) and amenity services such as the Parks Pantry Micro Market.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

Park Place on Turtle Creek leases Class A commercial office space at 2911 Turtle Creek Blvd in Dallas, Texas, within the Uptown/Turtle Creek corridor. The property offers refined tenant finishes, polished granite and reflective glass architecture, a two-story lobby, 3/1000 covered parking, and on-site amenities including a new tenant lounge with patio and conference center, tenant locker rooms with showers, and the Parks Pantry Micro Market, targeting discerning businesses seeking a premier Turtle Creek business address.

Product overview

Park Place on Turtle Creek is a single Class A commercial office property offering premium office space. The property is institutionally owned and managed by Piedmont Realty Trust. The main offering is the office space itself, supplemented by tenant amenities including a new lounge with patio and conference center, locker rooms with showers, and a micro market. The property targets discerning tenants seeking prestigious Turtle Creek addresses.

Differentiator

Problem solved

Functional benefit

Quantifiable outcome

• Less than 10 minutes from Dallas Love Field Airport
• +2 more outcomes

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• Piedmont Realty TrustcoreOthersPiedmont Realty Trust is the institutional owner and manager of Park Place on Turtle Creek. The trust owns and manages the property, providing institutional-grade property management, maintenance, and tenant services. This is the primary ownership and management entity for the property.

Scale indicators1 record

Recent moves5 records

Expansion highlights3 records

Broad incumbents

• Kilroy Realty: West Coast-focused publicly-traded office REIT specializing in Class A office properties in high-barrier-to-entry coastal markets. Comparable as an institutional Class A office landlord pursuing premium tenant rosters and amenity-rich positioning.
• Boston Properties: Largest publicly-traded U.S. office REIT focused on Class A trophy office properties in gateway markets. Comparable as an institutional Class A office landlord operating at scale with similar tenant profile of professional services and corporate headquarters.
• Lincoln Property Company: Dallas-headquartered commercial real estate firm that owns and manages a large portfolio of Class A office properties across the U.S. Comparable as a large institutional Dallas-based office operator with overlapping tenant base and submarket exposure.
• Crescent Real Estate: Dallas-based real estate investment firm historically tied to the Rosewood Crescent Hotel and surrounding Uptown/Turtle Creek properties. Comparable as the institutional owner of the immediately adjacent luxury Turtle Creek asset competing for the same prestige-tenant demand.
• Cousins Properties: Sunbelt-focused publicly-traded office REIT with a major concentration in Dallas and Atlanta. Comparable as a public-market institutional owner of Class A Sunbelt office properties that competes for the same corporate tenant demand supporting Park Place on Turtle Creek.
• Highwoods Properties: Sunbelt-focused publicly-traded office REIT with holdings across major Southeast and Texas markets. Comparable as an institutional Class A office landlord with overlapping Best Business District tenant strategies and amenity-driven repositioning programs.

Direct peers

• Fountain Place: Iconic Class A office tower in the Dallas CBD/Rosewood corridor designed by I.M. Pei. Comparable as a trophy Dallas office asset competing for premium tenants with similar architectural distinction and central Uptown/CBD accessibility.
• The Crescent: Adjacent mixed-use luxury property in the Uptown/Turtle Creek corridor featuring the Rosewood Crescent Hotel, Class A office space, and high-end retail. Directly comparable as a premier Dallas Turtle Creek office property competing for the same luxury-amenity-driven tenant pool.
• Trammell Crow Center: Class A office tower in downtown Dallas owned by TIAA and managed by CBRE. Directly comparable as a major institutional-owned Class A office asset serving premium corporate tenants in the same Dallas submarket.

Others

• JLL (Jones Lang LaSalle): Global commercial real estate services firm currently listing available space at Park Place on Turtle Creek. Comparable as the dominant institutional leasing and capital markets advisor for Class A office transactions in Dallas and across major U.S. markets.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks7 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/parkplace.turtlecreek

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Park Place On Turtle Creek